Earnings Call Summary | John Wiley & Sons-A(WLY.US) Q3 2024 Earnings Conference
Earnings Call Summary | John Wiley & Sons-A(WLY.US) Q3 2024 Earnings Conference
The following is a summary of the John Wiley & Sons, Inc. (WLY) Q3 2024 Earnings Call Transcript:
以下是約翰·威利父子公司（WLY）2024年第三季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Wiley reported a cost savings of $130 million with 60% already actioned, resulting in increased in-year savings.
Full-year revenue is projected to sit within the mid- to high-range of their guidance.
Reported GAAP revenue fell by 6% due to the sale of the University Services business and a decrease in held-for-sale assets.
The quarter saw a 1% growth in adjusted EBITDA to $92 million.
A 27% decline in adjusted EPS was largely attributed to increased tax expenses and reduced adjusted operating income.
They are anticipating low single-digit revenue growth in fiscal 2025, which is expected to rise to low to mid-single digit in fiscal 2026.
Adjusted EBITDA and EPS guidance have been increased due to improved learning performance and higher cost savings.
Wiley報告節省了1.3億美元的成本，其中60％已經付諸行動，從而增加了同比節省的成本。
預計全年收入將處於其預期的中高位範圍內。
由於大學服務業務的出售和待售資產的減少，報告的GAAP收入下降了6％。
本季度調整後的息稅折舊攤銷前利潤增長了1％，至9200萬美元。
調整後每股收益下降27％主要歸因於稅收支出增加和調整後營業收入減少。
他們預計，2025財年的收入將保持較低的個位數增長，預計將在2026財年升至低至中等個位數。
由於學習成績的提高和成本節約的增加，調整後的息稅折舊攤銷前利潤和每股收益預期有所增加。
Business Progress:
業務進展：
The company has improved the organization and divested non-core assets.
Their focus has been on strengthening their brands and partnerships in Research and Learning sectors.
The company executed a $23 million content rights deal with a large tech company and is seeking out similar opportunities with other AI companies.
They plan to implement AI editing tools to improve the quality and speed of their journal content while reducing unit costs via process automation.
In attempts to improve operating and publishing efficiency, they are transitioning from multiple publishing platforms to one flagship submission and peer review experience.
They foretell an upward trend in adjusted revenue driven by Learning performance and an expected content rights deal in Q4.
The company plans to capitalize on Learning content for AI models and training engines, hoping to improve free cash flow in fiscal 2025 and again in 2026.
該公司改善了組織並剝離了非核心資產。
他們的重點一直是加強其在研究和學習領域的品牌和合作夥伴關係。
該公司與一家大型科技公司執行了2300萬美元的內容版權協議，並正在與其他人工智能公司尋找類似的機會。
他們計劃實施人工智能編輯工具，以提高期刊內容的質量和速度，同時通過流程自動化降低單位成本。
爲了提高運營和發佈效率，他們正在從多個發佈平台過渡到一種旗艦提交和同行評審體驗。
他們預計，在學習表現和第四季度預期的內容版權協議的推動下，調整後的收入將呈上升趨勢。
該公司計劃利用人工智能模型和訓練引擎的學習內容，希望在2025財年和2026年再次改善自由現金流。
More details: John Wiley & Sons-A IR
更多詳情： John Wiley & Sons-A IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。